Most advisers are blaming the complexity of the pension transfer process for the length of time it takes.
According to a study conducted by Cofunds, 67% of respondents said the most significant barrier to the prompt transferring of retirement funds is the convoluted methods involved. Elsewhere, 21% named...
This week's top stories were the DWP giving the green light to CDC and TPR granting extensions for 11 master trust authorisation applications.
Susan Martin says building strong foundations for business are the only way forward as the pensions industry is radically shaken up
The Pensions Regulator (TPR) has granted Now Pensions a six-week extension for its master trust authorisation application after the 31 March deadline, PP can reveal.
The Pensions Regulator (TPR) has granted 11 master trusts extensions to apply for authorisation, as it confirms it has received 22 applications ahead of the 31 March deadline.